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The Department of Justice announced Thursday that 57 people have been arrested across the country for fraud related to the Paycheck Protection Program (PPP).In a press conference Thursday, officials with the Department of Justice said that the suspects attempted to steal millions of dollars of taxpayer money.The PPP was established in the CARES Act, a stimulus package signed into law in March amid the coronavirus pandemic. The funds were meant to be used by small businesses to keep their businesses afloat.Officials said some of those arrested used the funds to buy "flashy or expensive" luxury items for themselves, rather than use the funds for their businesses. The DOJ also described that some of the suspects were part of "coordinated criminal rings" meant to obtain the funds through fraud.While officials did not put a specific dollar amount on the amount of funds stolen, officials called the number "significant." The DOJ says that it was able to seize or freeze million in funds provided through the PPP.This story is breaking and will be updated. 1074
The decision to reintroduce gray wolves in Colorado will be decided by the people, and both sides of the issue say the decision will impact the entire country.“Only in 2020, the weird year that we are having would Colorado be voting to introduce a species that’s already here in Colorado,” said Shawn Martini, the vice president of advocacy for the Colorado Farm Bureau.“The western part of Colorado is primarily owned, and majority-owned, by the people as public lands,” said Rob Edward, who is part of the Rocky Mountain Wolf Project. “We all have interests on what happens on our public lands.”For centuries, the gray wolf roamed North America in large populations. But in the 1900s, the wolves were nearly hunted out of existence.The wild wolves haven’t lived in Colorado since 1940, and the U.S. Fish and Wildlife Service classified the animal as an endangered species in 1978.“They are the missing link in the Rocky Mountain chain,” Edward said. “From the high arctic to New Mexico, we can re-establish a population of wolves again by reintroducing wolves to western Colorado. The presence of wolves on those wild landscapes is important for the long-term health of those landscapes.”With Proposition 114 in Colorado, the people will be able to vote in November on whether this will become a reality. This is something that has never happened in the nation’s history.“Wolves are already all over the place,” Martini said. “They’ve come down from Wyoming and Montana through a natural process. We’re asking voters to say no to this ballot initiative, because it makes something a natural process into a political one.”Having people vote on this is something Martini is strongly against.“So, this the first time a species would be introduced into a state via a ballot measure,” Martini said. “The reason it’s never been done before because it’s a really bad idea to make a scientific process a political one. The Colorado Parks and Wildlife and biologists should be the ones making this decision, not voters who don’t always have access to the info and are not biologists and who don’t do this for a living.”The main reason wolf advocates like Edwards want to re-introduce wolves to the area is that they believe it could improve the ecosystem. In 1995, the gray wolf was reintroduced into the greater Yellowstone ecosystem to help manage the high population of elk. But that decision wasn’t voted on by the people.Biologists came up with a plan and brought it to Congress. After years of public comment, the secretary of the interior finally signed off on the project.“Colorado is not Yellowstone,” Martini said. “Yellowstone is subject to a ton of environmental regulations, so the people managing the area don’t have the same tools as Colorado does.”Regardless of what side people are on this issue, both sides agree that this a historic ballot measure that could change the course of the country ecologically and politically. 2941
The drop in gun sales has lead to deep job cuts at Sturm RugerOn Wednesday, the company reported a 21% sales decline for 2017. Thursday it disclosed that it has cut 700 jobs, or more than a quarter of its staff, over the last 13 months. That leaves it with 1,750 workers."When we reduced production in 2017, we had to make some difficult decisions," said CEO Chris Killoy, on a call with analysts Thursday. Many of the jobs were eliminated through attrition. The company also had 320 temporary employees a year ago who have since left the company. In January, the company needed to further reduce staff, prompting it to lay off an additional 60 workers.Gun sales have been sharply lower across the industry since President Donald Trump was elected. Fears that Hillary Clinton would win the presidency and seek tougher gun control laws drove record sales through 2016, and encouraged retailers to stock up on inventory. With the election of Trump and Republicans in control of both houses of Congress, those fears greatly abated.Killoy said that 2017 FBI background checks, which correspond roughly to purchases, fell 11%. Retailers also cut back on purchases to reduce inventory."2017 was a challenging year for the firearm industry," Killoy. But he said as a result of the job cuts, "we're better positioned to compete in 2018."There has been more talk about gun control in the week since the shooting of 17 students and staff at a Florida high school, led by many of the students and families from that school.President Trump and some Republicans, including Senator Marco Rubio of Florida, have voiced new support for some gun control measures. But it's too soon to say whether those efforts will affect gun sales.Killoy did not mention the gun control debate during his conference call, although he did express sympathy for victims of the Florida shooting."Like all Americans, we struggle with the shock and sadness of these terrible events," he said.Sturm Ruger is not the only company to report a drop in sales. Overall the industry has reported a sales decline of more than 0 million in 2017.Gun maker Remington has warned it plans to file for bankruptcy protection soon. Killoy was asked about whether Sturm Ruger would be interested in buying Remington, given that it has a strong balance sheet. Ruger's cash on hand fell by nearly million during the year, but it still has .5 million and no debt. He wouldn't rule out a deal for Remington, but wouldn't comment on it directly."We're watching that closely," he said the coming bankruptcy case. "We wish them well going through that process. With million cash on hand, it may provide some opportunities down the road." 2727
The coronavirus continues to play havoc on college football teams throughout the United States as 15 Division 1 FBS games have been postponed or canceled for this weekend.Of the 15 contests, six involved AP Top 25 teams, including No. 1-ranked Alabama, No. 3 Ohio State and No. 5 Texas A&M. No conference has been impacted more than the SEC, which postponed four of its seven games scheduled for Saturday.The most anticipated matchup of the weekend, top-ranked Alabama versus defending national champion LSU, was postponed on Tuesday after LSU reported multiple COVID-19 cases.Maryland, who was scheduled to take on Ohio State, reported eight COVID-19 cases among its players.For schools with multiple coronavirus cases, a key issue is contact tracing and quarantining close contacts of those positive with the virus. The CDC recommends that anyone who has been within six feet for 15 minutes of someone infected with the virus to quarantine for up to two weeks.Texas A&M athletics direct Ross Bjork said contact tracing was a significant factor in postponing its game against Tennessee this weekend.“The nature of away game travel (flights, meals, lodging, locker room, etc.) naturally leads to an increase in the number of student-athletes, coaches and staff who meet the criteria for mandatory quarantine based on contact tracing guidelines,” Bjork said in a statement. “We are asking everyone around our university community to stay vigilant and follow all of the safety protocols and best practices as we approach the end of the fall sports seasons.”Here are the games postponed or canceled this weekend:No. 1 Alabama vs LSUNo. 3 Ohio State vs MarylandNo. 5 Texas A&M vs TennesseeNo. 12 Georgia vs MissouriNo. 15 Coastal Carolina vs TroyNo. 24 Auburn vs Mississippi StateMemphis vs NavyAir Force vs WyomingUL-Monroe vs Arkansas StateGardner Webb vs CharlotteNorth Texas vs UABRice vs Louisiana TechPittsburgh vs Georgia TechCalifornia vs Arizona StateUtah vs UCLA 1988
The Cruise Lines International Association announced Tuesday that any cruise ship worldwide carrying more than 250 people must test everyone, passengers and crew members, for COVID-19 before embarking.They must also test negative for the virus if they are to board the ship, CLIA said in a press statement posted to their social media account."CLIA ocean-going cruise line members have agreed to conduct 100% testing of passengers and crew before embarkation - a travel industry first," CLIA tweeted. 508